Short Interest in HWH International Inc. (NASDAQ:HWH) Increases By 50.5%

HWH International Inc. (NASDAQ:HWH) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 90,900 shares, a growth of 50.5% from the September 30th total of 60,400 shares. Based on an average daily trading volume, of 271,800 shares, the short-interest ratio is currently 0.3 days. Currently, 2.7% of the company’s shares are sold short.

Insider Activity

In other news, CEO Heng Fai Ambrose Chan purchased 6,034,537 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was bought at an average price of $0.63 per share, with a total value of $3,801,758.31. Following the acquisition, the chief executive officer now directly owns 19,264,692 shares of the company’s stock, valued at approximately $12,136,755.96. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 61.50% of the stock is owned by company insiders.

HWH International Price Performance

Shares of HWH stock opened at $0.84 on Tuesday. HWH International has a 12-month low of $0.41 and a 12-month high of $12.70. The firm has a fifty day moving average of $0.71 and a 200-day moving average of $0.95.

HWH International (NASDAQ:HWH) last posted its quarterly earnings data on Monday, August 12th. The company reported ($0.02) EPS for the quarter. The company had revenue of $0.34 million for the quarter.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.